Montauk Waterfront Compound 521 East Lake Drive, Montauk

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1 Montauk Waterfront Compound 521 East Lake Drive, Montauk Gary R. DePersia Licensed Associate Real Estate Broker m: myhamptonhomes.com

This offering includes a Men at Work built 2 bedroom cottage of recent vintage on almost 1.5 acres that could become the gate house for an assemblage of properties that includes an adjacent 1.

2 Main House Exterior MONTAUK WATERFRONT COMPOUND Montauk. Spanning nearly 7 acres across 4 separate, southwest facing, waterfront parcels, a singular harbor front opportunity has just emerged from the cool waters in very hot Montauk. This offering includes a Men at Work built 2 bedroom cottage of recent vintage on almost 1.5 acres that could become the gate house for an assemblage of properties that includes an adjacent 1.4 acre vacant building parcel. The centerpiece of this grouping is a nearly 1.5 acre parcel that includes the Packing House where tuna was once packaged and shipped overseas atop which sits a 2 bedroom apartment. The Tower building, to its right, offers storage, bathroom facilities, a 4 bay garage and an office above which overlooks the harbor. A small multi-use building sits just behind. One hundred fifty feet of dock reaches out to a unique barn-like boat house also built by Men at Work, surrounded by additional docking on 3 sides. Adding to this sprawling compound is a vacant 2.75 acre lot to the North with additional possibilities for development. Certainly you could explore the commercial potential which includes the bottom rights beneath the harbor, but a boating enthusiast might consider this the perfect opportunity to create the ultimate waterfront oasis accessible by land, sea and air, as the Montauk Airport is just walking distance away. With multiple uses, southwest exposure, brilliant sunsets and the entrance from Lake Montauk to Long Island Sound and the open waters of the Atlantic Ocean only a few hundred yards away, this compound should be previewed today before it escapes on the next tide. Exclusive. WEB# Aerial

3 Main House Living Room Main House Kitchen Main House Bedroom Former Boat House Main House 3 Seasons Porch Boat House Interior

4 PROPERTY SPECIFICATIONS Lot Breakdown: Acres in Total; Inclusive of Underwater Land and Wetlands Acres; Inclusive of Dry Land and Wetlands Acres: Inclusive of Dry Land Only Lot 1: Acres: Inclusive of Underwater Land Acres to Water Tie Line - Lot Area Exclusive of Wetlands: 65,779 SF+/- Lot 2: Acres in Total: Inclusive of Underwater Land Acres to Water Tie Line - Lot includes Overwater Barn, Commercial Docks, Packing House, Look-out Tower, Old, Cottage and 10,000 Gallon Diesel Gas Tank - Barn Rebuilt by Men At Work Circa 2006 Lot 3: Acres in Total: Inclusive of Underwater Land Acres to Water Tie Line - Lot Area Exclusive of Wetlands: 36,021 SF+/- - Lot Includes New, Cottage - Rebuilt by Men at Work Circa 2006 Lot 4: Acres: Inclusive of Underwater Land Acres to Water Tie Line - Lot Area Exclusive of Wetlands: 32,887 SF+/- New Cottage Specifications: - Traditional - 2 Stories - Cedar Shingle Exterior Dark Walnut Flooring Through Out - 2 Bedrooms - 1 Bathroom - 1 Fireplace - Gas Hot Air Heat - Central Air Conditioning - 1+/- Zone HVAC - Town Water - 9+/- Zone Irrigation System - Alarm Installed - Internet and Cable Ready - Central Vacuum - Room for Pool - Private Dock - Private Beach - Private Crushed Bluestone Driveway - Detatched 4-Car Garage Interior Specifications: - Open Living Room with Fireplace - Eat-in Kitchen with: - Carrera Marble Countertops - Large Stone Farm Sink - Banquett - GE Refrigerator & Freezer Combo - GE Blackstove - Dishwasher - Laundry Closet - Screened Porch with Ceiling Fans - 2 Bedrooms - 1 Full Bathroom - 5 Crawlspace Drylocked and Mechanicals Barn Specifications: - 1,300 SF +/- Wood Deck - Sited 35 Pilings - Wired for Electric - Utility Sinks - Large Live Fish Storage Tanks - Loft Storage - Sliding Barn Doors on all four sides Tower Specifications: - Gas Heat - 12 x12 Heated Office Space with Sweeping Waterviews - Men s/women s Locker Rooms - Commercial Walk-in Freezer and Ice Maker - 4-Car garage Packing House Specifications: - Laundry Room - Workshop - Covered Patio - Gas Heat - 2 Bedrooms - 1 Bathroom - Full Kitchen - Open Living/Dining Area Old Cottage Specifications: - Phase 3/Commercail Electrical Junction for all Buildings located underneath - 10,000 Gallon Diesel Fueling Station Underneath Slab

5 View From Packing House Deck Packing House View From Boat House

6 Property View Old Cottage Aerial

DePersia Licensed Associate Real Estate Broker m: 516.380.0538 gdp@corcoran.com myhamptonhomes.com Equal Housing Opportunity.

7 Southampton to Montauk...Sagaponack to Shelter Island The Hamptons for Buyers, Sellers, Renters & Investors $16.995M 521 East Lake Drive Montauk 6.9 acres / 2,000 SF+/- 2 bedrooms / 1 bathrooms Tax Map: Yearly Taxes: N/A For more pictures, video and info visit: myhamptonhomes.com/32737 Corcoran WEB# Gary R. DePersia Licensed Associate Real Estate Broker m: gdp@corcoran.com myhamptonhomes.com Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY All information furnished regarding property for sale or rent or regarding financing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualified architect or engineer. 51 Main Street, East Hampton, NY

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